Author Archives: Yves Smith

Australia Debates: Communist Party China the New Nazi Germany?

A row Down Under as a prominent and well placed MP says some not-nice things about China.

Tightening Nickel Supply Threatens Electric Vehicle Boom

Nickel supplies are a new electronic vehice maker worry.

Apollo Doth Protest Too Much: Our Leon Black-Jeff Epstein Post Elicits Intervention by Apollo’s Flack

Apollo looks unduly anxious.

Low on Water, California Farmers Turn to Solar Farming

Some California farmers are shifting their “crops” to reduce water use. But is it too little, too late?

Britain After Brexit: Welcome to the Vulture Restaurant

US business will asset-strip the UK, but that’s not all: the Pentagon will find the little-known fragments of the British empire very useful.

Michael Hudson: Why Frances Coppola’s “The Case for the People’s Quantitative Easing” Is for Banks, Not the People

A dubious proposal to continue over-reliance on monetary policy, this time with a quantitative easing scheme, instead of fiscal spending.

What Plunging Global Semiconductor Sales Says About Autos, IT & How the Economy Reacts to Uncertainties

Should you worry about the biggest fall in semiconductor sales since the Financial Crisis?

Mr. Market Swoons as Trump Administration Escalates Trade War with China With “Currency Manipulator” Charge

Markets are in a tizzy over the US-China trade row. But what might come next?

Mark Blyth’s Incisive Post-Crisis Takedown: “A Brief History of How We Got Here and Why”

Mark Blyth gives a pithy talk on the economic regimes of the modern period and what is likely to be in store.

Money Is Still King of the Hill And We Are All the Poorer for It: A Glance Back, and Forward

A personal retrospective on money in US politics.

The Military-Industrial Jobs Scam

Military contractors have used the threat of US job cuts to extract more dough from American taxpayers….and then cut US jobs.

Links 8/3/19

The Trump White House Is Upending Decades of Policy-Making Procedures

The Trump Administration really is making things up as it goes along.

Why We Need Publicly Owned Energy for a Green New Deal

Moving to zero carbon output requires a decentralized, publicly-owned energy system.